{"id":519855,"date":"2010-04-07T17:30:08","date_gmt":"2010-04-07T21:30:08","guid":{"rendered":"tag:typepad.com,2003:post-6a00d8341c60fd53ef0133ec87ba57970b"},"modified":"2010-04-07T17:34:23","modified_gmt":"2010-04-07T21:34:23","slug":"madigan-takes-slight-jab-at-giannoulias-bank-problems","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/519855","title":{"rendered":"Madigan takes slight jab at Giannoulias’ bank problems"},"content":{"rendered":"

Posted by Rick Pearson and Kathy Bergen<\/em> at 4:30 p.m.<\/p>\n

Powerful Democratic House Speaker Michael Madigan today had a bit of a chuckle at the expense of Democratic U.S. Senate nominee Alexi Giannoulias.<\/p>\n

Asked if the problems at the Giannoulias family-owned Broadway Bank would affect the candidate’s voter support in the Senate race, Madigan replied, \u201cI\u2019m glad I don\u2019t have any deposits there.\u201d\n<\/p>\n

Federal regulators
\nhave said the bank must be recapitalized or it could face a takeover
\nthis month. Giannoulias had touted his banking expertise in running for
\ntreasurer in 2006 in winning office and defeating a candidate in the primary who was backed by both Madigan and the Illinois Democratic Party.<\/p>\n

Despite the slight jab at the bank’s woes, Madigan noted he’s supporting Giannoulias in the November Senate election against Republican Mark Kirk, a five-term North Shore congressman.
<\/br>
\n
<\/br>
\n\u201cI\u2019m supporting all the Democratic candidates. (Giannoulias) has been a successful
\ncandidate in the past. You\u2019ll recall he won a contested primary when he
\nwas elected as the treasurer,\u201d said Madigan, referring to the March 2006 primary election. <\/p>\n

Madigan reserved harsher words for his foe Cook County Assessor James Houlihan. The speaker said the retiring assessor should \u201cbe a man\u201d and accept responsibility for delayed property tax bills rather than accuse Madigan of political chicanery.<\/p>\n

Late last month, Houlihan blasted Madigan ally and Democratic assessor candidate Joe Berrios, who is currently a member of the Cook County Board of Review. Houlihan contended Berrios was slowing down work on the tax review panel to delay the delivery of property tax bills until after the Nov. 2 election so as not to anger voters seeing higher real-estate taxes.
<\/br>
<\/br>Higher tax bills are expected as a result of the end to a limit on property-tax assessments in the city this year. The tax cap also is being phased out in suburban Cook. The cap has have limited property-tax increases for many homeowners.
<\/br>
<\/br>But Madigan and Berrios have contended the delay in tax bills is due to delays in Houlihan\u2019s own office involving property assessments.
<\/br>
<\/br>\u201cI don\u2019t believe in finger pointing. I don\u2019t believe in that. So if there was something under my watch in the legislature that I\u2019m responsible for, I stand up and take accountability,\u201d Madigan said after a legislative hearing on McCormick Place. (You can read about that hearing by clicking here<\/a>.
<\/br>
<\/br>\u201cMr. Houlihan ought to do what I do–he ought to look at the operations of his office,\u201d Madigan said. \u201cIf there\u2019s something amiss, if there\u2019s something not being done properly, be a man, take the accountability, put the responsibility (where it belongs). He\u2019s about 50 percent behind in the schedule in putting off assessments. I\u2019m not responsible for that. He\u2019s responsible for that. He ought to speak to that question.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Posted by Rick Pearson and Kathy Bergen at 4:30 p.m. Powerful Democratic House Speaker Michael Madigan today had a bit of a chuckle at the expense of Democratic U.S. Senate nominee Alexi Giannoulias. Asked if the problems at the Giannoulias family-owned Broadway Bank would affect the candidate’s voter support in the Senate race, Madigan replied, […]<\/p>\n","protected":false},"author":3992,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-519855","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/3992"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=519855"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519855\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=519855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=519855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=519855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}